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The waterfront community of West Vancouver is driven by a vision to inspire excellence and a mission to foster individual ownership of the community as a whole. Leading by example is what they promise to do, and it is one of the things they do well.
West Vancouver has slightly over 44,000 residents, with the predominant ethnic group being Caucasians. Chinese ethnic groups comprise around 8 %of the area’s population, while West Asian settlers figure at a little below 6%. English is by far the most common language spoken in households, and accounts for more than 80 % of the population.
West Vancouver is far more expensive in terms of housing than its Eastern counterpart, and boasts some of the most expensive homes and properties in the nation. In fact, real estate data shows that a full 95% of homes in the area cost over CAD 1 million, which accounts for at least 16,000 properties. The average price of homes in West Van is twice that, and it isn’t unusual to see homes listed at asking prices exceeding CAD 25 million. As such, it is one of the most affluent municipalities in Canada, though West Mount, Quebec and Forest Hill, Toronto are stiff contenders for that privilege. Income-wise, 8 out of every 10 families earn more than USD 100,000 per year.
Along the seawall, the primary type of residence is the condo and the apartment. Further inland are the detached properties that have given West Van its reputation as one of the most expensive places to live in, in Canada. However, surprising data from surveys shows that Vancouver is the second least-affordable place in the world to live. This isn’t the same as being the second most expensive municipality, but when compared to the salary trends, housing is definitely considered an expensive affair.
